Monday, September 22, 2014
Inquirer Daily News


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Wooed by state and city grants and tax credits worth nearly $4.4 million, Hill International Inc., the Marlton-based construction management and consulting company, will move its corporate headquarters and 120 jobs to Center City in May 2015.
Two members of a Philadelphia Ironworkers union admitted roles in 13 acts of sabotage and intimidation Monday on behalf of a group that prosecutors say routinely damaged school, business, and even church construction sites to pressure builders into hiring union workers.
A Florida developer who made a $90 million offer for Atlantic City's shuttered Revel Casino wants to use the site to help end world hunger, cancer, and resolve other pressing issues like nuclear waste storage.
The Street: The recent Home Depot and Target credit card information breaches told consumers what banks, retailers, credit card companies and experts have known for a long time: U.S. credit cards are absolutely not secure.
NEW YORK (MainStreet) -- It's not enough to have to worry about getting your own identity stolen -- you have to worry about the identity&hellip...
The Street: While almost all consumers use coupons, some 15% of respondents used mostly mobile coupons in 2014 , which have become mainstream with the rise of smartphones, compared to 10% in 2013 and 4% in 2010.
Drinker Biddle & Reath L.L.P. said Monday that CEO and chairman Alfred W. Putnam Jr. will be succeeded by Andrew C. Kassner, effective Feb. 1.
Economics in a nutshell: Now that costs are rising back toward levels that might have existed if we didn’t have the surge and bust, investor opportunities are shrinking and so is their share of the market. The result: Existing home sales seem to have hit a plateau.
The Street: Thinking of bringing up salary on your first or second interview? It’s not as taboo as it once was, and many hiring managers are now broaching the subject early in the hiring process.
The other Merck said Monday that it would spend $17 billion to buy the chemical company Sigma-Aldrich Corp., based in St. Louis.
Fund players, not casino experts, behind majority of A.C.'s failed rescues.
Atlantic City has become a place where hedge-fund managers go to lose their shirts. Three of the four Atlantic City casinos that closed this year (or four of five, if Taj Mahal closes in November) were controlled by hedge funds that suffered deep - but difficult to measure - losses.
WASHINGTON (AP) - The Obama administration cracked down Monday on certain overseas corporate mergers and acquisitions, aiming to curb American companies from shifting their ownership abroad to shirk paying U.S. taxes.
Worries about growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks. Investors are nervous about China following soft economic data that suggest the world's second-largest economy is slowing down.
NEW YORK (AP) - Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
LOS ANGELES (AP) - A judge has recommended a six-month suspension for a Los Angeles attorney who posted doctored photos on her firm's website that show her with high-profile people such as President Obama, Hillary Clinton and George Clooney.
WASHINGTON (AP) - Charles Plosser, a leading inflation "hawk" at the Federal Reserve, announced Monday that he plans to retire March 1.
ANCHORAGE, Alaska (AP) - A television reporter quit her job on live TV with a big four-letter flourish after revealing she owns a medical marijuana business and intends to press for legalization of recreational pot in Alaska.
NEW YORK (AP) - A day after over 100,000 people marched to warn that climate change is destroying the Earth, more than 1,000 activists blocked parts of Broadway in Manhattan's financial district in a sit-in to protest what they see as corporate and economic institutions' role in the climate crisis.
NEW YORK (AP) - Apple says it sold more than 10 million iPhone 6 and 6 Plus models, a record for a new model, in the three days after the phones went on sale.
The Street: When a major retailer buys a smaller homegrown company, there are tradeoffs, both positive and negative in each direction. Five case studies.
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